“The jump in value means that you, as the entrepreneur, can take the cash from VCs and give away less ownership of your company to the VC — because their investment represents a smaller share,” writes Marshall.

The median premoney valuation of venture-backed companies stood at $23 million in the second quarter — a 31 percent increase over the last quarter and a 47 percent increase over the same period last year. Valuations were up in all three major business categories compared to last year, though the biggest gains came in information technology.

Interestingly, the software sub-segment, which is especially strong in Seattle, saw a 32 percent decline in valuations compared to last year. It was the only sub-segment in the information technology category to post a decline, with electronics/computers, information services and semiconductor sub-segments each more than doubling valuations in the quarter.

I usually don’t quote Nelly. But, in the words of the rapper: “it’s gettin’ hot in here.”

“The jump in value means that you, as the entrepreneur, can take the cash from VCs and give away less ownership of your company to the VC — because their investment represents a smaller share,” writes Marshall.

The median premoney valuation of venture-backed companies stood at $23 million in the second quarter — a 31 percent increase over the last quarter and a 47 percent increase over the same period last year. Valuations were up in all three major business categories compared to last year, though the biggest gains came in information technology.

Interestingly, the software sub-segment, which is especially strong in Seattle, saw a 32 percent decline in valuations compared to last year. It was the only sub-segment in the information technology category to post a decline, with electronics/computers, information services and semiconductor sub-segments each more than doubling valuations in the quarter.

I usually don’t quote Nelly. But, in the words of the rapper: “it’s gettin’ hot in here.”